PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) Short Interest Up 1,182.2% in July

PIMCO Ultra Short Government Active ETF (NYSEARCA:BILZ) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 12,283 shares, an increase of 1,182.2% from the June 30th total of 958 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 204,291 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On PIMCO Ultra Short Government Active ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Williams & Novak LLC lifted its position in shares of PIMCO Ultra Short Government Active ETF by 8.2% during the 2nd quarter. Williams & Novak LLC now owns 7,641 shares of the company’s stock valued at $771,000 after acquiring an additional 580 shares during the period. Contango Wealth Management LLC purchased a new position in PIMCO Ultra Short Government Active ETF during the 1st quarter worth $233,000. Parallel Advisors LLC increased its stake in PIMCO Ultra Short Government Active ETF by 78.7% in the 1st quarter. Parallel Advisors LLC now owns 240,238 shares of the company’s stock valued at $24,257,000 after buying an additional 105,824 shares during the last quarter. NewEdge Advisors LLC bought a new stake in PIMCO Ultra Short Government Active ETF during the first quarter worth $3,794,000. Finally, Security Financial Services INC. increased its position in shares of PIMCO Ultra Short Government Active ETF by 5.3% during the 1st quarter. Security Financial Services INC. now owns 2,461 shares of the company’s stock valued at $248,000 after purchasing an additional 124 shares during the last quarter.

PIMCO Ultra Short Government Active ETF Price Performance

Shares of BILZ stock traded up $0.03 during trading hours on Friday, hitting $100.88. 170,563 shares of the company’s stock traded hands, compared to its average volume of 259,761. PIMCO Ultra Short Government Active ETF has a 12 month low of $100.63 and a 12 month high of $101.25. The stock’s 50 day simple moving average is $100.80 and its 200 day simple moving average is $100.83.

PIMCO Ultra Short Government Active ETF Company Profile

The PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in treasury bills and notes, repurchase agreements, and cash collateralized by the US government. Securities selected have a maximum maturity of six months. BILZ was launched on Jun 21, 2023 and is managed by PIMCO.